NEW YORK--(BUSINESS WIRE)--Jan. 9,
2006--Take-Two Interactive Software, Inc. (NASDAQ: TTWO - News) today announced
the acquisition of Irrational Games, the award-winning development studio behind
such titles as System Shock 2 and Freedom Force. Irrational Games joins the team
of development studios under Take-Two's 2K Games publishing label.

2K Games has multiple titles in development at Irrational's North American and
Australian studios. The first title to be published under the 2K Games label
will be BioShock, a role-playing shooter for next-generation console systems and
PC. Already anticipated by the gaming press as one of the most innovative
next-generation titles, BioShock is planned for release in early 2007.